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Search Results 0 to 28 of about 29 (some duplicates have been removed)
points. and the s and p 500 lost five points. >> creditors face deadline in detroit bankruptcy case banks, bond insurers, employee pension systems and others who believe they are owed money by detroit are up against the clock to legally voice opposition to the largest municipal bankruptcy filing in u.s. history. a federal judge set monday as the eligibility objection deadline in the bankruptcy petition by detroit's state-appointed emergency manager kevin orr. it's one step in a process that could take months or years to complete if detroit is approved for bankruptcy protection. the city has until sept. 6 to file its responses. orr listed thousands of creditors, including individuals, in his july 18 bankruptcy petition. he's said detroit is insolvent and unable to pay some of its bills, including at least $18 billion in long-term debt. or stopped payment on $2.5 billion in debt in june. >> jpmorgan investigated for china hiring the u.s. government is looking into whether jpmorgan chase hired the children of chinese officials to help it boost its business in china, according to the new york
a lawsuit in court. that is my guess. charles: take it away. not happy with the detroit bankruptcy filing. they need to speak up today or hold their peace. holding back financial aid to egypt. do we need to cut off all of the money going to that country? a raspberry instead of blackberry. the movie about steve jobs came in second at the box office over the weekend. listen to this. some wood off to lease themselves rather than till death do us part. ♪ connell: off to a good start. raspberry instead of apple. we have to rush to the news here. dagen: eckerd over the weekend. we have it all covered. connell: first the markets. last week was a rough week for stock markets. >> the dow was down 2.1% last week. the worst week for the dow and more than a year. they spoke in apple shares. it is kind of casting over the market a little bit. retail continues a little bit. they reported their numbers for the quarter. very convenient that dollar general got an upgrade today. that stock is up. dagen: deadline day today in detroit. connell: let's bring in jason riley. they are saying is detroit really
in the detroit bankruptcy story. we have that and other headlines of the day just ahead on "the kudlow report." please stay with us. [ female announcer ] what if the next big thing, isn't a thing at all? it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. we're going to wake the world up. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. (announcer) at scottrade, our clto make their money do more.re (ann) to help me plan my next move, i take scottrade's free, in-branch seminars... plus, their live webinars. i use daily market commentary to improve my strategy. and my local scottrade office guides my learning every step of the way. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade... ranked "highest in customer loyalty for brokerage and investment companies." and then another. and another. and if you do it. and your friends do it. and their friends do it... soon we'll
. girardi gets the boot. >>> some good news for detroit, the tigers win 3 out of 5 from kansas city with their 6-3 win yesterday. detroit pitcher matt scherzer now the season's first 18-game winner. >>> screenerena williams in a r loss. victoria azarenka rallying to win a three-set squeaker. rafael nadal not phased by weather. johnny isner serves. he overcame a knee injury early, now nadal is an u.s. open favorite. >>> patrick reid gets his first-ever pga tour victory. what does he do? why not? kiss the caddie. right? it's also his wife by the way. >>> nascar sprint cup michigan 400. joey logano led the most laps but not at the end. he passes mark martin who was trying to stretch gas without a pit stop. didn't work. logano gets the win there because he ran out of gas, not loga logano, but martin did. >>> anything that floats reget that in key largo. boats may only be made of household the items. they're using bubble wrap, plastic coffee jugs. the winners said they found help for their design online. that's the winner right there. >> something else now to use your bubble wrap for. >>
to take advantage of that. today, the final day for organizations to file objections to detroit's bankruptcy filings. they must find that the city is insolvent and has negotiated in good place with creditors. if detroit is deemed eligible, it will be the biggest case in u.s. history. lori: in the meantime, president obama getting back to business. meeting with financial regulators about implementing dodd-frank peter barnes has the very latest. peter: that is just one of the latest things he has on his plate. very busy with things like egypt and syria. the president would like to keep the focus on jobs and the economy. foreign-policy issues may not let him do that. he goes on a two were later this week. congress is out on its regular august recess. he has a megaphone right now and he needs to use it while he can. >> every president in their second term, lame ducks get closer every day. the president is walking a fine line of where he is in that timeline. peter: the end of the fiscal year is september 30. they have not worked out a deal to fund the government. they are looking at
systems and others who believe they are owed money by detroit, are up against the clock to legally voice opposition to the largest bankruptcy filing in u-s history. a federal judge set today august 19th, as the eligibility objection deadline in the bankruptcy petition by detroit's state-appointed emergency manager kevin orr. it's one step in a process that could take months or years to complete if detroit is approved for bankruptcy protection. the city has until september sixth to file its responses. washington already has the nation's highest state minimum wage at $9.19 an hour. now, there's a push in seattle, at least, to make it $15. so far, the city council and mayoral candidates have said they'd consider it in the famously liberal city. but not anytime soon according to one official. supporters say the move would be good for the economy, by putting more money in the hands of regular consumers. but some businesses advocates say a higher minimum wage will make it harder for companies to survive. could save you fifteen percent or more on car insurance. mmmhmmm...everybody knows that. w
. in detroit, it's speak now or forever hold your peace. today is the deadline for written objections to detroit's bankruptcy filing. wdiv's rod maloney is in the motor city with what's on the line. rod, good to have you. >> reporter: thank you, maria. i'm glad to be here. you know, it's one of the things where tonight at midnight, anybody who objects to the bankruptcy filing by the city has to do that. so, in fact, this morning, a large group of detroiters got together out in front of the bankruptcy court here, from the national action network, reverend al sharpton organization, and they started out filling paperwork and submitted it to the bankruptcy court today. it showed up in the filing. along with them were a lot of other creditors looking to try and derail this process. and what many people don't understand about municipal bankruptcy is that you can't just file and then you are in bankruptcy. it is a qualification process. and so, what they're doing here is they're making their objections known to the judge, telling him that they don't think this is a right or constitutional pr
bales. he pleaded guilty to killing 16 african civ african -- afghan civilians. >>> in july, detroit became the largest u.s. city to go broke. it owes creditors $18 billion. and happy birthday to full house actor john stamos, 50. tipper gore, now separated from al gore, turns 65. bill clinton is 67. they share birthdays there. >>> here's what's coming up later on "today" show. matt lawyer talks to the defense attorney for alex rodriguez. and lindsay lohan talks to oprah winfrey about addiction, jail time and her plans for the future. keep it here for more news, weather and sports. i'm richard lui along with bill karins. . >>> breaking news, a police standoff in san francisco. christie smith is on the scene. she'll have a live update coming up. >>> she didn't hear a car putting on its brakes or nothing. >>> the search for a driver who hit and killed a man on a south bay street. now investigators are hoping that you can help. >>> plus, in court overnight, olympic sprinter oscar pistorius faces the judge. >>> the beautiful full moon in san jose. along with that, students all over the so
of the car industry like to treat, but in california -- like detroit, but in california, a home of computing. was built to test a computerized system. allt feels different, but of the information you have any normal car translates very well. but the computer drives the car. >> it is technically applying all of my commands. vein is occurring with the drive motor. interactive motor. a computer tells the drive motor when to accelerate. we packed this vehicle full of a lot of capability. >> at the heart of it is a computer. >> yes. >> and that is the kind of thing we will have in the future, the idea that you have a steering wheel in your hand, but the computer doing all the work. >> and what is great about it is that a computer can respond more quickly than a human driver ever could. >> the university has also developed cars that can do without a driver altogether. the head of research at stanford thinks that there are things that computers can simply do better. >> really good at understanding the situation. we are not believe that good at controlling the vehicle. of this, wete much can actuall
, flint, michigan, detroit, memphis, stockton. turns out that crime is more tied to economic activity, to find jobs, have jobs, than it is to stop and frisk. i can't make the leap that says stop and frisk is the reason for a lower crime rate in new york city and they're trying to. honestly, i have to tell you, you can't. there's no one or two cities that say look, when they instituted stop and frisk, crime rates went down. it did go down in new york, but it wasn't because of that, because of economics, the city got stronger. >> but how can you just parcel that out and not say it wasn't part of the overall picture? >> because the most dangerous cities in the country have the highest crime rate. >> part of the model that worked here. >> i can tell you, 4.4 were stop and frisked in ten years, a minuscule number were arrested, minuscule. there was nothing about -- very few had guns on things like that. 4.4 million, you get a tiny number of people arrested? it is logical. look at it. it is a step beyond the fourth amendment. 4.4 million people, don't stop any crime. >> bob, it is not stepp
and others who believe they are owed money by detroit, are up against the clock to legally voice opposition to the largest bankruptcy filing in u-s history. a federal judge set today august 19th, as the eligibility objection deadline in the bankruptcy petition by detroit's state- appointed emergency manager kevin orr. it's one step in a process that could take months or years to complete if detroit is approved for bankruptcy protection. the city has until september sixth to file its responses. >> washington already has the nation's highest state minimum wage at $9.19 an hour. now, there's a push in seattle, at least, to make it $15. so far, the city council and mayoral candidates have said they'd consider it in the famously liberal city. but not anytime soon according to one official. supporters say the move would be good for the economy, by putting more money in the hands of but some businesses advocates say a higher minimum wage will make it harder for companies to survive. >> we will take a break. here is a live look outside at the golden gate bridge. >> welcome back. here is a live look
be trampled to death and you wouldn't even know. it's a far cry from the city of detroit where there was a great fan fare at the newest water park and there was no water. the fire department had to be called in to cool off the crowd with hoses. you know what, i think it's great. you know how we feel about water parks, particularly ones as crowded as japan, all sorts of foul and biological products, the kind that you will get sick if you are lucky. so the people of detroit, don't feel bad if you're serious of turning your economy around, they are worst things than a waterless water park. >>> good evening, everyone. tonight, prince william's interview as a new father. >>> and scotland yard investigates whether princess diana was killed by conspiracy fires. >>> also, the wall of fire sweeping across the western mountains. up close, the men and women fighting to save some of the most beautiful and valuable acres on earth. >>> and oscar pistorius breaking down in co
dakota has the lowest at just 3%. >>> today was deadline day in detroit for creditors to file objections to the city's filing for chapter 9 bankruptcy protection, and dozens of creditors did just that. most of the earliest objections came from individual retirees worried about their pensions and benefits. the largest creditors in the case plan to file a joint objection. >>> more violence in egypt today. the death toll is now more than 1,000. since protests against the ousted islamist president mohamed morsi erupted last week. now a court ruled to release another ex-president, mubarak. that could trigger more unrest. here is the latest from cairo. >> reporter: it's been another turbulent 24 hours for egypt. starting off with violence in the northern part of the sinai peninsula where we understand that 25 police were ambushed and executed with a machine gun. three of them remain critically injured. that comes off the back of an attempted prison break, we understand from the egyptian ministry of interior, where 36 supporters of president mohamed morsi were killed. the violence is likely to
working for detroit did think th would get a reasonable retirement compensation the pension cut of even 20 percent could be devastating with the mismanagement of the budget is a reason to eliminate pensions. >> the it is helped to elect the same liberal idiots that lost their pension-fund they reaped the benefits now they should pay for their mistakes as the only way we will ever regain control of the lost government. >> great e-mail's. e-mail me. finally, it is frustrating not there as an individual investor first the.com both in the mortgage meltdown then the great recession. it is tough to keep the faith when your portfol and gyms around like a yo-yo but the top story of alternative investments points out the desperate place people will go to get a retn. the trouble there is many have exorbitant fees and the performance does not make it worthwhile to invest a think we should think of alternative investing in a different way but pick something you know, or love or somebody else and starts a new business american ingenuity comes in different packages. that is it for the "willis report."
is bigger than the city of philadelphia, detroit or denver. more than 1,000 firefighters are attacking the blaze, but for now, losing the battle. conditions are grueling, teams are fatigued. days are long. this hotshot crew from salt lake city has been on the front lines for 16 hours. their work here is backbreaking. their packs are full of gear, weighing over 40 pounds. the beaver creek fire may be the most dangerous blaze in the country, but it's not the only inferno threatening homes. from california to colorado, 34 major wildfires are scorching the west, the region a tinderbox, a perfect recipe for fire. >> three things affect how a wildfire burns, weather, the topography and the fuels. so, in this case, all the factors are against us. >> reporter: tonight in idaho, against the odds, firefighters battle an unrelenting blaze, one that shows little sign of slowing down. as this fire chews through forest land, crews are making progress, the blaze is 9% contained and despite the massive size of this fire, lester, only one home has been destroyed. >> miguel almaguer tonight. thank you.
the sign. >> the city don't have any money. >> reporter: meet this retired detroit area cop. >> i said when i got a chance to speak out i would. >> reporter: he says it's what you might suspect, cities and counties make a whole lot of money off of speed traps. >> it's like a dirty secret. >> reporter: along i 7 1 the speed limit drops to 60 for 134 seconds on the highway. before a court stepped in last winter, the tiny town collected $800,000 a year. along i 10 tickets from a speed limit change at the bottom of this bridge covered 80% of the budget for henderson, louisiana. across the country drivers are taking note, reporting 78,000 speed traps since 2000. a warning, the cities with the most traps are colorado springs, denver, vegas, boston and the number one is houston. all those frustrated drivers who feel they have been pulled over in a speed trap, authorities say when there is a hill and the speed limit is 25 mile per hour, it's not a trap, it's about public safety. my police chief in georgia took me out for driver's ed near a hill i had 2rutrouble with near home. the bottom of the hil
. the bankruptcy judge issue thousands. detroit is $18 billion in debt. >> well, you know, schools good to great lengths to keep kids safe but some say there's nott enough protection when it comes to aveer weather. >> what one state bay do to change that.ch first we'll talk to tucker barnes. >> clouds in the area. otherwise a cloudy day. we have a summertime warm up on the way. vile your weather. julie has traffic. we'll do it after the break. [ female announcer ] is your conditioner doing the job? ♪ ♪ dry hair needs a daily dose of effective moisture. new dove daily moisture has pro moisture complex that goes deep down to hair's cellular level. it moisturizes to give you up to 5 x smoother hair in one wash. dove's most effective conditioner yet. new dove daily moisture. ♪ >> welcome back. a volcano spewing ash three miles into the sky. s the ash is covering the city. the volcano erupted for the 500th time just this year but this latest one is the biggest in decades. people were forced to hold towls over their -- towels over their mouths to breathe and train service stopped for a while. ok
, roughly the size of the city of denver or detroit. it is still very active today. it is chewing through forestland, it's feeding on dry fuel, it is threatening more than 5,000 homes. thousands of people in this region have been evacuated as this blaze continues to move. more than 1,200 firefighters are on the front lines trying to protect properties in this region. as you may be aware, there are some high-priced, high-end properties there, arnold schwarzenegger, tom hanks, among the many celebrities with second homes here. right now it's close to 10% contained, but they're certainly trying to build that protective ring around this blaze. it's a very aggressive fire. crews will be out here today in about 90 degree temperatures doing all they can to beat back those flames. the next 24 hours will certainly be critical. back to you. >> well, miguel, thank you very much. the heat out there obviously not helping fighting in the fire, but the heat is helping in terms of sales of tesla. its shares are up a whopping 328% this year. who is buying the car? phil lebeau is in chicago behind the whee
, part of that was his convention '84 -- >> in detroit -- >> the '84 one we were talking about, this is the one that made jean kirkpatrick a star. and it was the label of -- so a two-pronged approach, right, want to paint the other party as out of the mainstream, which is what that convention's job was. >> that year, wasn't hard to do with the democrats. >> they went into san francisco and then created this moniker that stuck with the party since. >> yes, yes. no, everybody was really surprised at kirkpatrick's speech. of course, it was wildly received there. and don't forget, too, the republicans were mindful of their gender gap problems. so they were putting a lot of women forward. catherine otega opened the convention. and maureen reagan spoke. >> when you look at what christie is trying to do. everybody is going to claim in 2016 they're using the kaleidoscope of reagan. if you're christie, how do you fix your problems with conservatives use a reagan model? >> he's got a good record as governor. he's done a lot in terms of union reform and cutting spending and -- >> quote/un
. i'm not sure that's progress. >>> a deadline looming in the detroit bankruptcy case. any objections to the city's bankruptcy filing have to be filed by 11:59 p.m. eastern time tonight. so far the only ones who filed legal objections have been former city workers. a court hearing to determine if detroit can file for chapter 9 bankruptcy is scheduled for late october. i know joe has been working on his filing. >> on what? >> bankruptcy filing? >> eventually. >> in dodd-frank. barry is here. we can ask him. >> did you read that? >> you have an idea. >> you must love that. >> where are we in terms of i don't know how you want to measure it? baseball games. >> 50 years. >> in terms of what's written? >> yes, but some people would say that the 50% that is not done is a horrible piece. >> we've also gone from 800 pages to 9,000 pages to get halfway done? >> exactly. >> and it was a 2010 law, and then you have obama care, the other big piece of legislation. 60 or 70%. >> two crappy weeks we're coming off. how bad it was. let's get some outlooks from our panel. joining us now on set is bob b
people have strong 04. you cannot rob people in detroit of their pensions. if we stand by while they take their pensions, they will take our pensions. don't think it will happen -- will happen to us. they will do it again. inequality is a skirt on our society. and -- a scourge on our society. and yes, we're talking about $7 an hour workers and we got to do something about it, but on this side of it, some people are doing pretty good. between 1979 and 2007, a time frame of all of a less than 20 years, real income went up by the 240% for those in the top 1%. it is a shameful thing. it is a moral issue. we've got to fight back. our economy is capable of producing enough good paying jobs for everyone. [applause] our economy can do it. this economy can do it. but we cannot do it while we are getting trade deals that are shipping our jobs overseas. they just leaned on us a few months ago for this south. deal that they said would create jobs. the -- this south korea deal that they said would create jobs. it has already cost jobs. i'm not against trade. but these are not really trade deals, but i
. that is 134 square miles and bigger than the city of detroit and denver which is 150 area miles. a huge undertaking in this fire. gregg: let's turn to tracy weaver for more information, public information officer team one. joining us live on the phone. how much of this this is contained. talk to us about the homes and commercial properties that are threatened. >> good morning, gregg. the fire is showing 9% containment right now or 8:00%. that number goes up and down as the perimeter is spreading quite a bit. as you can imagine it is a huge area we're working in. gregg: and the evacuations, the homes, the businesses? >> well, basically everything between ketchum, sun valley and hayley, both sides of the road, all those subdivisions are evacuated. there are evacuations north of ketchum as well. and as well as across the highway 75, the east fork subdivision that is all evacuated. so, you know, it is impacting a lot of people but we're starting to make some headway especially the east point of the fire which is most threatening to these areas. gregg: what about weather conditions? it has b
. then writing business, then i was at detroit for seven years. so all of our children, all three have michigan birth certificates. then i ended up at "forbes" a cup the of times and ended up here and there. then i ended up at "newsweek" and i thought i would be there forever. that didn't quite work out. five years ago i went to fortune. again, i'm the polar opposite of jeff i knocked around. went a public college. i was raised in big city. sister sort of fun. -- it's sort of fun. >> host: when did you first start talking to one another about? how long? >> guest: not long ago. there was some day in august. >> guest: it was the last thursday in july. i was going away for the month of august on vacation. >> guest: right. >> guest: thursday our boss comes to me and says you and geoff are going do this. on that friday we had lunch and we started working on it. >> host: has there been so far any strong reaction? if there has what is it? >> guest: we've had a tremendous amount of reaction. i can't recall getting a
with the detroit bankruptcy filing. they need to speak up today or hold their peace. holding back financial aid to egypt. do we need to cut off all of the money going to that country? a raspberry instead of blackberry. the movie about steve jobs came in second at the box office over the weekend. listen to this. some wood off to lease themselves rather than till death do us part.
the detroit series. what it indicated and showed was alex rodriguez had a hole in his left hip. a torn labrum. he played in the detroit series. didn't play well. was benched. was made a scapegoat. nobody told him he had a hole in his left hip. nobody. it was until after the season was done that he went to his own doctor. >> wouldn't the yankees have wanted to reveal the injury because they have an insurance policy on alex rodriguez. >> yes, unless they wanted to make him a scapegoat. why understand why or the motivation behind it but the doctor did the mri and the digital imagines are in your possession. he said it didn't happen until after the off season t. general manager of this team doesn't know when his players mri was taken. >> this war of words, this war of wills seems to be some sort of a way for alex and baseball to say we can both inflict a lot of damage in this situation. is there a number, 100 games, 80 games, that alex rodriguez would accept right now, take that suspension and make all of this go away. >> that's a great question. i will tell you this, it's a hypothetical, first a
the yankees were swept by detroit and rodriguez's poor play became an issue. his lawyer now says that was orchestrated by the yankees to make their third baseman appear washed up. the fourth pitch of alex rodriguez's very first at-bat sunday was meant to send a message. players rushed on to the field. and yankees manager joe girardi was ejected. >> we have one player hitting another player because of what that other player is alleged to have done. >> reporter: for most of the weekend, it was rodriguez's attorney who made headlines. accusing the yankees of covering up the severity of a-rod's hip injury during last year's play offs. he told "the new york times" they rolled him out there like an invalid and make him look like he was finished as a ballplayer. he added yankees president randy levine told rodriguez's surgeon, quote, i don't ever want to see him on the field again. yankees didn't return our calls for comment. he told espn he did agree with the version of events and he would be willing to release phone calls, trancescripts and medical records. ale
Search Results 0 to 28 of about 29 (some duplicates have been removed)